Chairperson, EIOPA, Frankfurt am Main, Germany
Dr. Thomas STEFFEN
State Secretary, Federal Ministry of Finance, Berlin, Germany
Session 1: Pensions - What shall we change so that nothing changes?
Many of today's older Europeans can look forward to generous pensions paid for many decades. But an ageing population, low growth and constraints on public expenditure make the prospects for tomorrow's pensioners uncertain. What should we change now to meet these challenges?
Chief Executive, The National Association of Pension Fund (NAPF), London, United Kingdom
Executive Director, De Nederlandsche Bank N.V. (DNB), Amsterdam, The Netherlands
Senior Vice President of Public Policy and Regulatory Affairs, AEGON N.V., The Hague, The Netherlands
Karel Van Hulle
Head of Unit, Internal Market and Services DG, Directorate H - Financial Institutions, Insurance and Pensions, European Commission, Brussels, Belgium
Carlos Montalvo, Executive Director; EIOPA, Frankfurt am Main, Germany
Session 2: Insurance Regulation - The Way Ahead
At its inception, Solvency II showed the way ahead for the new insurance regulatory landscape. The project would ensure high level standards for consumer protection but also mirrored benefits for the industry in Europe and globally.
Today, the project is facing its biggest challenge: reality. Which options will ensure the long-term sustainability of the business in highly volatile markets? Regulators, industry, consumers and practitioners are invited to present their views on how to ensure the success of the regulatory overhaul.
President, Insurance Europe, Brussels, Belgium; Managing Director, Assicurazioni Generali S.p.A., Trieste, Italy
Chief Executive Director, Bermuda Monetary Authority, Hamilton, Bermuda
Groupe Consultatif Actuariel Europeen, Brussels, Belgium; EIOPA Insurance & Reinsurance Stakeholder Group
Director, The Financial Inclusion Centre, London, UK; European Commission Financial Services User Group (FSUG)
Michael Mc Raith
Director of Federal Insurance Office (FIO), US Department of the Treasury, Washington D.C., USA
Daniele Nouy, Secretary General, ACP - Autorite de Controle Prudentiel (ACP), Paris, France
Lunch Break/Press Conference
Session 3: Financial Stability - Are Insurers Actors or Victims?
In the wake of the financial crisis, insurers find themselves in the middle of the regulatory limelight amid discussions on systemic importance and shadow banking. At the same time, the sector is struggling with declining asset values and exceptionally low interest rates. Are insurers victims of a banking-originated crisis, or actors in a global financial shake-up?
Chairman, Executive Committee, International Association of Insurance Supervisors (IAIS); Member of the EIOPA Management Board, Frankfurt am Main, Germany
Deputy Director General, Internal Market and Services DG, European Commission, Brussels, Belgium
Head of the ESRB Secretariat, European Systemic Risk Board (ESRB), Frankfurt am Main, Germany
Nikolaus von Bomhard
Chairman of the Board of Management, Munich Re, Munich, Germany
Matthew Elderfield, Deputy Governor (Financial Regulation), Central Bank of Ireland, Dublin, Ireland